HP has supported P&G’s infrastructure and applications environments, as well as many business processes, for more than nine years. Under the terms of the new agreement, HP will be accountable for most of the critical business applications used throughout P&G’s financial and supply-chain systems, including research and development, inventory management, SAP enterprise resource planning, and business intelligence.

HP will integrate P&G systems—including those provided by other vendors—by supporting applications, databases, servers and networks to create a more standard, reliable and transparent technology environment. As a result, P&G expects to enhance the quality and efficiency of its product supply chain, as well as its ability to be innovative—all while reducing overall operating costs.

“For nine years, HP has been our trusted technology partner, consistently delivering quality services with operational excellence,” said Filippo Passerini, group president, Global Business Services, and chief information officer, Procter & Gamble. “We chose HP again because they have strong solutions to achieve the ‘Always On’ business operations P&G needs, which enable us to deliver higher value and efficiencies.”

The applications agreement gives P&G the flexibility to leverage the innovative technologies and services recently awarded to HP as part of the first phase of the relationship renewal agreement. These agreements enhance capabilities and lay the foundation for future technology—such as business intelligence—that is core to finance, planning, production, shipping, and customer and consumer management.

“The supply chain is critical to moving forward the business of every consumer-facing organization,” said Mike Nefkens, HP acting Global Enterprise Services leader. “HP will use its applications and technology expertise to help P&G deliver an efficient and reliable supply chain, so they can get their products to consumers—day in and day out.”

In recognition of HP’s quality and operational excellence, the company received an External Business Partner Excellence Award from P&G in September. This distinction, awarded to the top 0.1% of P&G’s global suppliers, is given to companies performing consistently at high levels within P&G’s internal performance management system.

P&G will leverage HP’s global delivery capabilities for enterprise applications, as well as HP innovation and local expertise at P&G’s strategic locations.

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers’ most complex challenges in every region of the world. More information about HP (NYSE: HPQ) is available at http://www.hp.com